“We Need To Change Crypto Industry Into AI-enabled Industry,” Insists CZ

“Unfortunately, this industry happened before AI, so we need to change this industry into an AI-enabled industry,” said Changpeng Zhao (CZ), the founder of Binance, at the Token2049 event in Dubai on 30 April 2025. Speaking on the future implications of AI, CZ iterates that AI will completely revamp the user experience when it comes to interaction with the blockchain.

CZ said he would like to see AI agents with real utility rather than flooding the market with useless AI agents. He expressed concerns about the growing trend of AI token launchpads, which enable users to create token-backed AI agents with a single click. “99.99% of them are useless,” he said.

He explained that currently, of 8 billion people in the world, AI generates 300 trillion-word tokens, which is still only 10%. In the future, however, AI will generate 10 times more of what it is currently generating, explained CZ.

“The AI will be trading with each other. They will be paying each other,” he stated.

Before @cz_binance arrival, the house is packed—no space left!

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